Goliath says it raised $9.8 million for Golden Triangle exploration

Updated Oct 30, 2026 4:56pm ET

Markets

The S&P/TSX Composite closed down 629.00 points, or 1.74%, at 35,620.03, as concern that tech valuations have run too high weighed on Canadian and US markets. Statistics Canada reported that economic output was flat in August, the second month running, and economists are now questioning when the Bank of Canada might next raise rates. Air Canada cut its profit outlook as fuel costs outpaced fare increases. In late-afternoon trading, oil was at US$102.91, up 0.91, with fears of escalation involving Iran in focus, while USD/CAD was at 1.39675.

Venture & CSE

The S&P/TSX Venture Composite closed down 22.86 points at 803.78, and the CSE Composite closed down 5.73 at 135.09. Goliath Resources said it raised $9.8 million for Golden Triangle exploration. In late-afternoon trading, gold was at US$3,887.9, down 143.5, and silver was at US$49.160, down 3.220, with traders bracing for a possible Iran escalation. In uranium, Cameco trimmed the top end of its 2026 production forecast and lifted its expected unit cost to C$70 per pound following a lengthy shutdown at its Key Lake mill. Bitcoin futures were at 76,970, down 4,115, in late-afternoon trading, with crypto still dealing with the aftermath of the US$6.3 billion Binance hack.

Market data

Closing index levels; commodities and currencies are late-afternoon trading, not settlements.

Oct 30, 2026 4:55pm ET

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Oct 30, 2026 4:44pm ET

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Written by AI based upon public market data and company news releases, and checked automatically before publishing. Company statements are reported as the companies made them. Not investment advice.